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Legal Update

Global Corporate Insurance & Regulatory Bulletin

July 2013
Mayer Brown Legal Update


  • G-20’s Financial Stability Board Announces List of Global Systemically Important Insurers


  • China – Altitude Sickness Insurance Introduced
  • China – Deregulation Expected to Facilitate Entry by Foreign Insurers
  • Hong Kong - Defendants Aren’t Always Required to Disclose Documents Referred to in their Pleadings


  • UK – FCA Review of Mobile Phone Insurance
  • UK – FCA speech on the regulation of insurance broking
  • UK – FCA study into insurance industry "add-ons"


  • US – FSOC’s Designation of Systemically Important Insurers
  • US – Update on NAIC White Paper on Captives and SPVs
  • US – New NAIC "Private Equity Issues Working Group"
  • US – NY DFS Scrutinizing Acquisition of Aviva’s US Operations by Athene
  • US – NY DFS’s Iran Sanctions Initiative
  • US – Proposed New Rules for Accounting for Insurance Contracts
  • US – IRS Postpones FATCA Withholding
  • US – Connecticut Requires the NAIC Climate Risk Survey for Large Insurers
  • Have you seen our Year in Review?


  • David W. Alberts
    T +1 212 506 2611
  • Lawrence R. Hamilton
    T +1 312 701 7055

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